Mercedes-Benz Places | Binghatti

Binghatti · Downtown Dubai · 163 homes · Under construction

A Binghatti project under construction in Downtown Dubai: 163 homes, 65% built, with completion promised for Q4 2026 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 5,410 per sqft, 10% above the launch quarter.

Updated 27 Oct 2026
Due Q4 202665% built, as reported to the register
163 homes2, 3 and 4+ bedrooms
Downtown DubaiDubai Land Department project 2545

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2024AED 4,900/sqft
Median paid, Q3 2026AED 4,797/sqft
Sales, Jul 2025 to Jun 202636
Median paidLatest quarterLaunch quarter AED 4,900
5,0006,000Q2 24: AED 4,900/sqft, 27 salesQ3 24: AED 5,405/sqft, 16 salesQ4 24: AED 6,782/sqft, 21 salesQ3 25: AED 5,984/sqft, 14 salesQ4 25: AED 5,006/sqft, 16 salesQ3 26: AED 4,797/sqft, 11 salesQ2 24Q4 24Q2 25Q4 25Q2 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 20244,90027
Q3 20245,40516
Q4 20246,78221
Q3 20255,98414
Q4 20255,00616
Q3 20264,79711

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ4 202665% builtunder constructionPrice / sqftAED 4,900AED 5,410+10% on launch, off-plan median
Against the area. Median paid.
Mercedes-Benz Places | Binghatti5,410

81% over the Downtown Dubai median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Mercedes-Benz Places | Binghatti be completed?

The register declares completion for Q4 2026, and the project is reported 65% built. Binghatti's completed Dubai projects typically finished on time.

What do homes in Mercedes-Benz Places | Binghatti sell for?

From Jul 2025 to Jun 2026, 36 homes sold on the register at a median of AED 5,410 per sqft and AED 15.55M per home. By unit type: 2 BR AED 10.5M (18 sales), 3 BR AED 17.8M (14 sales). These are registered deeds, not the developer's price list.

Who built Mercedes-Benz Places | Binghatti?

Binghatti. The project is registered to Binghatti on the Dubai Land Department register, which lists 79 projects for the developer in Dubai, 37 of them under construction. 21 of its 33 dated handovers came within 3 months of the promised date.

How many homes are in Mercedes-Benz Places | Binghatti?

163, as counted on the Dubai Land Department register. The declared mix: 86 2 BR, 65 3 BR, 11 4+ BR.

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